AXA Advisors

  www.axa-equitable.com
  www.axa-equitable.com
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AXA Advisors Reviews

Updated 18 September 2014
Updated 18 September 2014
289 Reviews
3.3
289 Reviews
Rating Trends

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Approve of CEO
AXA Advisors Chairman and CEO Henri de Castries
Henri de Castries
78 Ratings

Review Highlights

Pros
  • You can make a lot of money if you are truly dedicated and passionate about the job (or about the money) (in 8 reviews)

  • Flexible hours most of the time (in 13 reviews)


Cons
  • No base salary offered in Manasquan (in 8 reviews)

  • Sell to family and friends" marketing mentality (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    As long as you are aware there is no job security

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at AXA Advisors as a contractor for more than 10 years

    Pros

    Good training and the ability to earn an excellent income with hard work. Flexibility in working hours although you will probably work far more hours than in a traditional job.

    Cons

    You are encouraged to believe that you are starting your own business, but the business is always theirs.
    Selling life insurance and annuities produces renewals that are supposed to be with you as long as the business is on the books and as long as you are vested. There is a small pension, but the allure of the insurance business is that your renewals will be your true pension. The contract you sign says that at some point the renewals become "service fees". Even if you are still servicing the clients and have your licence, you must still must produce new business or they will terminate you and you will lose all "service fees". that you have built up over the years and "your" clients will be given to other agents or retained by the company.

    Advice to ManagementAdvice

    New business should not be required of a representative after an agent reaches 65 and signs retirement papers. . If the agent is compliant and servicing his business he should not be required to go out and hustle new business. Terminating these representatives, not allowing the client to be serviced by their trusted adviser and absorbing their hard earned fees is tantamount to stealing. I would say that you should find a firm that actually lets you keep your clients as long as you are vested and able to service their accounts.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Marketing Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing  in  Phoenix, AZ (US)
    Former Employee - Marketing in Phoenix, AZ (US)

    I worked at AXA Advisors as an intern for less than a year

    Pros

    Easy-going, non micromanaging and generally friendly working environment. The people are nice and encouraging. Not a bad place to start a career out of school.

    Cons

    The pay is very low starting. It is hard to get clients and very little to no training is provided.

    Advice to ManagementAdvice

    Know what the job can offer before offering the job.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Misleading

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor  in  Los Angeles, CA (US)
    Current Employee - Financial Advisor in Los Angeles, CA (US)

    I have been working at AXA Advisors full-time for less than a year

    Pros

    It is an old company that offers opportunities for an entrepreneurial spirit.

    Cons

    Good luck managing your book of business, because your on your own and its not easy getting a simple policy through.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    An OK Advisory Firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor  in  Honolulu, HI (US)
    Former Employee - Financial Advisor in Honolulu, HI (US)

    I worked at AXA Advisors full-time for more than a year

    Pros

    There are good smart people that you work with that made it easy to come into work every day. There is access to a wide range of product.

    Cons

    The management was poor. They had an every man for themselves attitude. There was not much direction and guidance for new young advisors. They seem to care more about the money they make from their own clients instead of the overall performance of the whole office.

    Advice to ManagementAdvice

    The management team needs to concentrate more on cultivating their young advisors.

  6. 1 person found this helpful  

    AXA is a decent company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AXA Advisors full-time for more than a year

    Pros

    Great entry level Finance job and a very stringent learning curve. Great way to get your licences and get sponsored by the company to do so.

    Cons

    You will definitely want a way out due to low compensation unless you truly understand the Entrepreneurial aspect. Very self-driven style of getting things done and you will be out on a limb.

    Advice to ManagementAdvice

    You should as what goals your associates have and help the co-exist with your own.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    Good, not great.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at AXA Advisors

    Pros

    Massive company, dominating market share, offers many different types of investment options, plenty of external support from various internal but offsite call centers.

    Cons

    Terrible processes and procedures, limited training, very unorganized

    Advice to ManagementAdvice

    Provide better support system for ALL employees of axa advisors, not just financial professionals.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    You get what you put into it, work hard= success

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Cleveland, OH (US)
    Current Employee - Anonymous Employee in Cleveland, OH (US)

    I have been working at AXA Advisors

    Pros

    Great earning opportunity, you are the only person that can prevent your success.

    Cons

    Have to be willing to work hard to make it.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    comfortable but boring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AXA Advisors as an intern

    Pros

    clean environment, nice mentor leadership

    Cons

    office culture, personal growth, training

    Recommends
    Approves of CEO
  10.  

    Excellent experience interning with AXA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative Intern  in  Bala Cynwyd, PA (US)
    Former Employee - Financial Representative Intern in Bala Cynwyd, PA (US)

    I worked at AXA Advisors part-time for more than a year

    Pros

    Very flexible hours. Kind and great working environment with opportunity to succeed. Friendly bosses who want to see you succeed. Knowledge service staff to answer any question that may arise.

    Cons

    Lower starting salary for advisors. Unpaid internship originally. Training could use some work and the balance between work and home life is hard.

    Advice to ManagementAdvice

    Offer more compensation

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    You are not a financial advisor, you are an insurance sales person

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor  in  San Diego, CA (US)
    Former Employee - Financial Advisor in San Diego, CA (US)

    I worked at AXA Advisors full-time for less than a year

    Pros

    The office address is nice.

    Cons

    Management will hire anyone. Your group benefits are tied to how much AXA insurance you sell (which does not put the client first). They are annuity and life insurance sales people that don't do what is best for clients. You are expected to market to schools which do not want you on or around campus before, during, or after school. There is no marketing budget for new people.

    Advice to ManagementAdvice

    Set more rigorous standards for your hiring process.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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